The Finance Committee is charged with the responsibility of maintaining and enhancing the Foundation’s investments. The primary investment objective of the Finance Committee is the protection and preservation of the assets, while the secondary objective is the long term growth. As a result, the investment managers shall seek the highest possible return consistent with a prudent regard for legal considerations, fiduciary responsibility, and safety of capital.
Additional information regarding investment managers, asset allocation, disbursement policies, and administrative fees can be obtained by contacting Gerard Carrington, Associate Vice President and CFO at 239-745-4365 or by e-mail at [email protected].
What is the institution’s investment policy statement’s allocation? How much in equity, bonds, etc?
Who is the investment Outsourced Chief Investment Officer (OCIO)?
What is the endowment’s spending policy?
What is the overhead charged by the institution against endowed funds?